Lululemon Athletica Inc. · NASDAQ:LULU
Lululemon Athletica — Merger or Acquisition (June 2020)
13 slides from Lululemon Athletica's merger presentation, Jun 29, 2020
Slide 1: lululemon to acquire MIRROR
June 29, 2020 lululemon to acquire MIRROR
Slide 2: Forward-looking statements
This presentation includes statements relating to the acquisition and the Company's business plans, objectives, and expected results that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section
Slide 3: There's something special about lululemon—a well-informed intuition
There’s something special about lululemon—a well-informed intuition We listen deeply to our guests, ambassadors, and our collective We developed our five-year vision and strategy understanding the future, and the opportunity to: - Integrate both digital and physical experiences - Recognize the power
Slide 4: MIRROR overview
MIRROR overview Known for Innovative in-home interactive fitness studio experience Versatile fitness and activity offering Energized community and influencer buzz Powerful and scalable content platform What they’re doing well Lean and efficient revenue-generating operating model Compelling value pro
Slide 5: MIRROR overview: Key stats
50 0 100 3/ 4/ 20 3/ 18 11 /2 3/ 018 18 /2 3/ 018 25 /2 0 4/ 1 8 2018 1/ 20 2018 in NY by 4/ 18 Brynn Putnam 8/ 20 Launched Sept 4/ 1 15 8 /2 4/ 018 22 /2 4/ 01 8 29 /2 0 5/ 18 6/ 20 5/ 1 13 8 /2 5/ 018 20 /2 5/ 01 8 27 /2 0 6/ 18 3/ 2 6/ 01 8 10 /2 6/ 018 17 /2 6/ 018 24 /2 0 7 / 18 1/ 20 7 / 18 8/
Slide 6: Our Vision
Our Vision Be the experiential brand that ignites a community of people living the sweatlife through sweat, grow and connect
Slide 7: The Power of Three
The Power Innovative products Omni guest experiences Expand markets of Three Men’s: Digital: International: double double quadruple
Slide 8: Omni guest experience and digital sweatlife
Omni guest experience and 1 Support our community vision digital sweatlife Digital content is To foster connection among people in the practice of the have been key changing how and where our guests sweat, sweatlife, inspired by our ambassadors, in a seamless to our strategic grow and connect physic
Slide 9: MIRROR unlocks the ecosystem of our omni
MIRROR unlocks A place in the home Daily mindshare Platform for ambassadors the ecosystem Versatile + immersive of our omni hardware in-home assets to create new sweatlife experiences Open + curated Community platform MIRROR gains access to our guests + members MIRROR gains our trusted lens to curat
Slide 10: Synergies with MIRROR and lululemon
Synergies with MIRROR and lululemon What we can bring to MIRROR What MIRROR can bring to lululemon Access to our large, growing and loyal guests Expand and innovate our omni guest experiences Leverage distribution channels to scale growth Dynamic platform to enhance and scale Utilize marketing chann
Slide 11: Deal related financials
Deal related financials MIRROR: on track to generate in excess of $100 million in Purchase price revenue in 2020. $500 million* Transaction is modestly Financing dilutive in 2020 and modestly Paid from the company’s profitable in 2021 (excluding $1.5 billion of liquidity deal related costs) >$800 mi
Slide 12: Summary
Summary MIRROR brings a content platform that connects our sweatlife ecosystem, and integrates our strong assets MIRROR allows us to offer new omni experiences to our guest and support them to live the sweatlife in new ways lululemon can bring significant awareness to MIRROR, through our marketing a
Slide 13: Slide 13
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